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5904 Prospect Street

5904 Prospect Street

Niagara Falls, ON

  • 3 bed
  • 2 bath
  • approx. 1100-1500 sqft
  • Detached
  • 52 days on market
$643,000

RARE 80' DOUBLE LOT | R5A ZONING | POOL | GARAGE | DEVELOPMENT POTENTIALExceptional opportunities like this are increasingly hard to find. Situated on a rare 80' x 147' double lot with desirable R5A zoning, 5904 Prospect Street offers the perfect combination of character, lifestyle, investment potential, and future redevelopment possibilities.This beautifully maintained century home features 3 bedrooms, 2 bathrooms, spacious principal rooms filled with natural light, and an updated kitchen complete with quartz countertops. Thoughtful improvements provide modern comfort while preserving the timeless character that makes century homes so appealing.Step outside to your own private backyard oasis featuring a swimming pool, hot tub, mature landscaping, and multiple entertaining areas designed for relaxing or hosting family and friends. A detached garage and parking for up to seven vehicles add exceptional convenience.What truly sets this property apart is its long-term potential. The expansive double lot and sought-after zoning create opportunities rarely available this close to Niagara Falls' vibrant core. Whether you're looking for a family home with room to grow, an income-generating investment, land for future development (subject to municipal approvals), or simply a property with exceptional appreciation potential, this offering checks every box.Ideally located just minutes from the Niagara Falls tourist district, GO Transit, shopping, restaurants, schools, parks, and major highways, this is a property that offers immediate enjoyment today while positioning you for tomorrow.A rare combination of land, location, lifestyle, and future opportunity-5904 Prospect Street is more than a home; it's an investment in what's next. Some interior photos virtually staged.

Listing Details

Taxes (2026)
$3,813
Listed
July 15, 2026

Price History

Listing history

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Property

Style
2-Storey
Age
100+
Construction
Brick, Cedar
Roof
Asphalt Shingle
Foundation
Block, Concrete
Interior
In-Law Capability
Lot Size
80 x 147.1 Feet

Parking

Garage
Detached
Covered Spaces
2
Total Parking
7

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Drummond/Prospect/Portage
Zoning
R5A, R2, GC
Parcel Number
643190178
Possession
Flexible
Occupancy
Partial

Included

Inclusions
All Elfs, Existing SS Appliances, Gas Range, Window Coverings, Pool Equipment, Pool Solar Blanket, Hard Wired HotTub for 6

Schools

Secondary

  • Stamford Collegiate0.7 km

    Public · DSB Niagara · 805 students

    Grade 10 literacy: 80% met the provincial standard

  • Saint Paul Catholic High School2.9 km

    Catholic · Niagara CDSB · 790 students

    Grade 10 literacy: 84% met the provincial standard

  • A N Myer Secondary School3.2 km

    Public · DSB Niagara · 1155 students

    Grade 10 literacy: 89% met the provincial standard

Elementary

  • Valley Way Public School1.2 km

    Public · DSB Niagara · 300 students

    Grade 3 reading: 79% met the provincial standard · Grade 6 math: 40% met the provincial standard

  • St Mary Catholic Elementary School1.2 km

    Catholic · Niagara CDSB · 260 students

    Grade 3 reading: 89% met the provincial standard · Grade 6 math: 100% met the provincial standard

  • École élémentaire LaMarsh1.4 km

    French public · CS Viamonde · 200 students

    Grade 3 reading: 29% met the provincial standard · Grade 6 math: 76% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L2G

Population
30,344
Private dwellings
13,412
Median age
44.8
Average household size
2.4
Median household income
$69,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Niagara Falls · last 12 months

Median sold price
$560,000
Homes sold
1,068
Median days on market
31
Sale-to-list price
96.2%

Based on 1,068 recorded sales of residential freehold properties in Niagara Falls over the last 12 months.

Rooms

2 × 3-piece on Main

Second

  • Bathroom5'5" x 7'11"
  • Bedroom 213'1" x 9'
  • Bedroom 316'8" x 9'1"
  • Primary Bedroom14' x 18'5"

Main

  • Bathroom11'10" x 4'
  • Dining Room11'7" x 9'2"
  • Foyer6'3" x 7'2"
  • Kitchen17'7" x 9'3"
  • Living Room23'7" x 17'5"
  • Sunroom11'8" x 12'1"

Basement

  • Laundry54'7" x 43'3"

Listed by

EXP REALTY

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$128,600

Estimated Monthly Payment

$3,159

Land transfer tax

Estimated land transfer tax$9,335

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,159/mo (20% down, 5.5%)

Taxes: $318/mo · Insurance: $161/mo

Estimates only. Consult a financial advisor.

R

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